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donald's. it will be expanding the earned tax credit. it is the government's largest program targeted as low income americans. >> the earned income tax credit was first introduced by president ford and has been expanded by democrats and republicans alike because it provides an incentive to work. president reagan called it the country's best anti-poverty and jobs creation bill ever to come out of the u.s. congress, and it was a key part of president clinton's welfare to work program. the basic way the earned a tax credit worked is this an eligible worker will earn a tax credit for every dollar he or she makes. a formula determines how much a worker ultimately receives under the program's caps. that amount the worker receives is then applied to taxes. for example, if someone owed $700 in taxes and has a credit of $900 they would get a refund of $200. working families with children currently stand to benefit the most. they qualify for a credit if they earn under 38,000 to $51,000. generally a salary increase the credit lowers. a married couple with two children making $45,000 would be eligible for a credit of
spent over $1.5 trillion which averages out to about $11.2 million tax dollars paid every hour by the american people. in today's national paper, the "usa today," and other headlines, the headline is this, "obama to karzai: time running out for security deal." madam speaker, based on recent polls this would be good news to the american people if we would not continue this relationship with afghanistan. it is nothing but an absolute waste of the taxpayers' money and the american people are sick and tired of it. a recent poll last week by gallup showed that almost 50% of the american people believe that the war in afghanistan was a mistake to start with. i can honestly say this. if it was not a mistake to start with, it's a mistake now that we continue to support and spend money on a corrupt leader named karzai. mr. speaker -- madam speaker, as i listen to the secretary of defense, chuck hagel, yesterday talk about the financial pressure on our military and the budget that he will be supporting that mr. obama has proposed, i wonder why we in congress are not allowed to debate on
banks in particularly. american tax cheats spent million. >> a report if a senate investigative committee, leers in the making. if you go through the pages james bond has nothing on the swiss banks. some senators say it's too real. as much as $12 billion hidden away. secret and none taxed >> top officials of credit swiss called before a senate panel accused of helping 19,000 u.s. customers evade taxes. in testimony their c.e.o. was contrite. >> the management team regrets despite the leading industry compliant members, we had swiss bank private bankers who may have convened american law. >> he blamed is small group. their methods from cloak and dagger. bank statements were slipped into the pages of sports illustrated, a client where they never left grounds, a remote controlled elevato with no but jobles. and after each traction account statements shredded. >> the jig is up. >> senators want client names. bank officials say they are squeezed. >> do you think you'll be convicted in a swiss court. will the swiss government convict you if you comply with the laws. will you be prosec
someone, he actually reformed the tax policy -- and i look a little pink. should i consider spray tanning? this is "bloomberg surveillance ." live from world headquarters in new york. friday before the oscars on sunday. scarlet fu can barely contain herself. joining me are scarlet fu and adam johnson. >> i've got to go by the chips and dip. >> the only problem is you have to be up at 2:00 a.m. monday morning. time for the morning brief. what happened overnight. ecb president mario draghi said policymakers are committed to defending the euro area against inflation. this was in a speech late yesterday in frankfurt. in the u.k., home prices rose as the property market got a boost from low borrowing costs and easier access to mortgages. in italy, the unemployment rate rose to a record high in january. shifting over to japan, industrial production grew the most since 2011 indicating the economy is strengthening. jumble. of data but a all thisrning we got data. starting at 8:30 a.m., gdp. at gdp so look we get in theory they refined any little bit. also, personal consumption -- consumpt
. the majority of the accounts weren't reported for tax purposes to the irs. and the fed wants more information from troubled bitcoin exchange mt. gox, the "wall street journal" saying mt. gox received a subpoena from federal prosecutors in new york last month to preserve certain documents once the world's biggest bitcoin exchange mt. dpox has gone offline. the business is at a turning point, there's a lot of worry the entire business may be bankrupt and gone forever. the controversy surrounding mt. gox putting a lot of pressure on bitcoin prices, $597.75 is where things are trading now. that was a stock, almost like a stock, it's not a real currency sorry to say, joe. >> now you tell us. >> now. >> now you tell us. >> i am not a bitcoin fan. i believe electronic currency of some sort may flourish in some way. i don't know if bitcoin is the way. >> i thought you were a bitcoin advocate. if now your' saying -- >> i'm fascinated by the conversation around bitcoin. >> you know i'm needling you because you have talked about it a lot. i hope no one mistook what you were saying for like an endorsemen
to be fair trade or free trade. we don't need free trade what we need is fair trade. the tax policies, certainly we see this in the kind of tax breaks that are out there, does the oil industry need additional tax brecks? do they need to be -- their incomes, which are the largest profits in the world, do they need to be supplemented with american taxpayer money? right now they are. the big five, $6 billion a year of american taxpayer money, going to them. we talk about tax policy, we talk energy policy, but i want to focus this evening on these two issues. labor and education. leaving aseed the research issue, which is fundamental to future economic growth because you have to be ahead and that's where the research comes and the infrastructure, which i'll weave into this but i want to focus on labor and education. and i want to focus on a very important part of this equation. this very important part about the middle class. and those who want to be in the middle class. specifically, i want to talk about women. and i want to talk about a women's economic agenda. about why this is critica
as well as tax increase, republicans wanting lower taxes and less of that spending. they will fight it out in the midterm elections and then we may return to budget talks and some sort of accommodation in 2015. >> john, how real is the return of the conversation about tax and interest? i say it in part because it's in some of these bills, but also because the front page of the "wall street journal," see this right here, blowout call for big tycoons that talked about the payout for people like leon black, $560 million with his income, 465 for steven schwartzman and others. i do know it's been put back in some of the bills, but this has been a policy debate we've been talking about for about five years now. >> there's a lot of momentum behind this issue. i would not expect it to pass this year. one of the things that adds to its momentum in terms of the long-term, which we really get to a tax reform discussion which is not going to be this year, is that dave camp, the republican chairman of the ways and means committee, included this interest in his tax reform bill. the administration will h
. >>> there is a new republican plan on the table right now to completely try to overhaul the u.s. tax code. we're going to tell you what it means, what it means for you and your finances. that's coming up next. >>> and later, amid protesters and rite police, it's maybe the last thing you would expect to hear. a piano played by a masked man who says he's playing for pate ittism. [ woman #1 ] why do i cook? because an empty pan is a blank canvas. [ woman #2 ] to share a moment. [ woman #3 ] to travel the world without leaving home. [ male announcer ] whatever the reason. whatever the dish. make it delicious with swanson. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden
proposed i.r.s. rules, limiting the political activities of certain tax-exempt groups. political leaders said this morning a vote of flood insurance will be put off until next week. it was supposed to be brought up tomorrow under suspension of the rules. live house coverage here on c-span. the speaker: the house will be in order. the prayer will be offered by our chaplain, father conroy. pray. n conroy: let us eternal god, through whom we see what we could be and what we can become, thank you for giving us another day. in these days, our nation is faced with pressing issues, constitutional, religious, and personal rights, and matters of great political importance. we thank you that so many americans have been challenged and risen to the exercise of their responsibilities as citizens to participate in the great debates of these days. grant wisdom, knowledge, and understanding to us all as we -- as well as an extra measure of charity. send your spirit upon the members of this people's house who walk through this valley under public scrutiny. ive them peace and solomonic prudence in their d
in tax revenue to the state. what do you say? legalize week nationwide for recreational use? yes or no? >> i would say no. there is a desire on the part of government illegalize it and anything compact and bring in some cash. stuart: $100 million. >> i would say no. it gives us amen, the availability for a -- particularly in colorado here in the placement of machines so government money can be used easily to buy marijuana in certain situations as we saw recently. that makes it easier. there's a transfer. if it were ten miles away. probably still happen. in terms of legalization i think not until we understand how to actually test it. we have seen accidents with vehicles involving marijuana up 300% in the last decade. i need to be convincee that that would be a great idea for the future and the children. stuart: it was great to have you on the show. ou have an opinion and express it well. thank you for appearing with us. >> an honor to be with you. you might pop in here again this week. stuart: don't make projections you are not able to fulfil. time is money. let's move this along. thre
in swiss bank accounts and held avoid tax. between 2001 and 2008 a band of credit suisse bankers, they boarded planes and headed en masse to the united states on tourist visas. once in america it was time to woo possible clients. trips to miami, golf tournaments and high society cocktail party was part of the course. it was here that "sports illustrated" magazines were used to hand over bank statements on the sly. page 39, bob, that's according to one client. it all sounds very "wolf on wall street." the report claims the bank opened swiss accounts for more than 22,000 u.s. customers with assets totaling some $12 billion. that is why the u.s. is annoyed. it wants the taxes the swiss banks helped americans to dodge. our correspondent imojen foulkes is following the story from geneva. >> reporter: i think some of the detail is causing raised eyebrows in switzerland. they have a reputation for being rather cautious and careful. this comes like something out of a spy novel or a hollywood movie. the fact is the swiss do know that their big banks, credit suisse and ubs, at that period
that are in the papers this morning. here's the wall street journal. a column by dave camp. the tax code. you can read his proposal there. the congressman is the chairman of the house ways and means committee. the washington times today, hoping for a changed view of keystone xl. paul writes in his piece that -- we will be talking about the keystone. we will be joined by the senator from north dakota to talk about the keystone and other issues. we want to take you to an associated press report. obama health insurance at 4 million is the headline there. we will be talking about the rollout of the healthcare.gov with jonathan alter who wrote a recent piece on foreign affairs in our spotlight. , behind the called aca rollout. here's a piece in the washington times on bill clinton. his message for democrats. picture of him with a kentucky democrat in louisville yesterday. himes.e talking with jim the national finance chairman of the house democrats. we will be talking about the 2014 field coming up in about five minutes or so. have a bit of time left. go to doug in wake forest, north carolina on our line f
're up early. up late. thinking up game-changing eas, like this: doze of tax freeones across new york state. move here. expand here. or start a new business here... and pay no tax for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. nd out if your business can qualify at start-upny.com charles: stocks take a huge hit on ukraine and here's else we have got for you. the revolution app using ukraine and venezuela, we have the ceo. vladimir putin winning the global game of chess. talking to china before invading the ukraine. china, no one else? on that. and warmer destination on this cold, snowy day in much of the country. you're not alone. and we will tell you how a man's daughter cost $80,000 with an obnoxious facebook post. and jerry brown warns of the dangers of legalizing pot. go figure. "varney & company," here we come. ♪ charles: we've got to check the big board. selling falling apart, 224 points. ukraine is the big spread this morning. we had found some support for a moment but that is all gone. headlines conti
dave camp, the head of ways and means committee has done this week proposing tax reform to simplify the tax code, reduce rates, reduce the corporate rate from 35 to 25% is really the sort of thing we need to do to energize the participants in the u.s. economy. right now they're sitting on their hands. there is over a trillion, maybe $3 trillion in corporate assets not being deployed. there are $2 trillion in corporate assets parked overseas because they don't want to be taxed. the camp plan would cause most of that to come back to the united states and be deployed here. that is the sort of thing we should be doing. jenna: he announced his plan, if you will in the "wall street journal" yesterday in an article. i believe he will be speaking to neil cavuto later today. it will be interesting to hear from him. what do you think the prospects are? we heard tax reform before. what do you think really are the chances what he does actually turns into some change, real change? >> i think because of president obama's attitude towards taxes, there is very little prospect. you need a president
. >> lawmakers want to know how some of the wealthy americans can hide billions from the tax man. >> i'm john henry smith, a son knocks off his dad's old team. >> we'll share messages from our imprisoned colleagues. before we go to break, we want to share a letter peter wrote from prison. >> we have been doing what every journalist would, recording and trying to make sense of the events with fairness and balance. when the egyptian government declared the muslim brotherhood to be a terrorist organisation, it knocked the wind out of them. talking to them became on act of treason, however >> a live look at the statue of liberty in new york. the new york harbour, a clear but chilly quay. >> the top stories - the army disqualified 588 soldiers from positions of trust. after a major probe into sexual all the. investigate juniors sifted through records of 20,000 military members. it's unclear if the soldiers were kicked out of the military or assigned to new positions. >> members of an armed pro-rush amilitia has taken over some buildings in crimea. they are flying an american flag. it comes as ukra
* america, immaterial alshon siegenthaler and we have a lot to cover this half hour, including tax numbers make it official. legalized marijuana is a big money maker for colorado. a big problem for bit coin, one of the virtual currency's largest exchange practically disappears. and 50 years ago the fight that shocked the world. cascassius clay versus sunny his tonight anhistonight and the che after. a warn to go after began stan, the president today order u.s. military toy begin planning to take all of its troops out of afghanistan by the end of the year. it's the latest to the response by hamid ca karzai to sign an agreement. officials say so the boko haram group was behind an attack on a school that left at least 59 people dead. police say the boys and girls ages 11 and 18 were separated by attackers. the girls were told to go home. the boys butchered, boko haram has been declared a terrorist organization by both nigeria and the united states. ukraine's parliament has delayed until thursday the formation of a new government that was supposed to happen today until there is a new governmen
for managing fiduciary capital. they paid roughly 15% taxes on that. >> you are saying most of those profits came from the carried interest? >> having taken some of these top private equity managers. >> that was an income that was a shared close-out, wasn't it? >> it was. you have structured a certain category of money managers and let them get taxed at 15%. the contrast was jamie dimon this week at jpmorgan. he is essentially paying ordinary income. the women and men who manage bloomberg are just managers to pay ordinary income. >> what is the solution for you? raising the dividend tax? >> it comes into this concern of mine about income inequality and wage inequality that is an epidemic in this country. we have so isolated at handful of women and men in this economy, purposefully. we have not only tolerated they're becoming inordinately rich, but we encourage it -- >> to pick on henry kravitz as one of the names, he pays those taxes and a capital gains transaction. he does charities. i don't know which ones. he does this, that, and the other thing. is that enough? >> it is not even close to
questions about how this one started. >>> and the escalating argument over a tax refund check has police on a man hunt. >>> the oscars are just days away, but those are not only the movie awards,handed out as students in the area are part of a >>> this morning investigators are trying to determine if someone purposely set a fire in a district heights apartment building, we told you about this as breaking news last night. the fire is now out. this is a look at the scene from chopper 4, firefighters were called to the oak crest towers on brooks drive in prince george's county last night. initially investigators thought there was more than one fire, but there was just one on the fifth story building. >>> also today american airlines passengers are waking up in the region after a bird strike that caused them to make an emergency landing. last night the flight returned to texas. no one was hurt here. the passengers boarded another plane to reagan and arrived overnight. >>> a heads up as you head out this weekend. ddot wants you to be careful as you make your way down h street the street. they
of the eastern ukraine them not to seek legal fees that area for taxes managed to find it and to the painting that was usc's to have for almost a week at times raised and russian flight and it was accompanied by clashes in short season several people reportedly were aged in another seat in the astral the center of the eastern part of ukraine. don't ask local sources claimed they will not abate see it and the bad taste that of for a referendum over the region stages to be held in the new race t shirt. russian border guards hundreds came to town to visit in pasta and then rest and the ukrainian compass help me shed some light on what was really happening in kiev in recent weeks we are in any of those that often didn't see much use as there were many foreigners it might dampen i can even give you a rough numbers. there were about sixty americans who still lack the tools of germans thirty to forty of them polls and senators to vote on offshore how many of the americans will by far the most active. the world's emissions from oil and the ukraine. people with anchovies that education they came becau
... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and you'll get... the inside story ray suarez hosts inside story weekdays at 5 eastern only on al jazeera america >> welcome back as we consider a different sort of street fight over a place called home. in the san francisco bay area, the boom in the tech industry has lured a new and wealthier homeowner and renter to many neighborhoods, but at the same time, the city is becoming a cautionary tale for the rest of the country. america tonight's michael oku has more on the battle by the bay. ♪ >> it's a fight for the soul of san francisco. these protesters are targeting so-called google buses, the large, unmarked luxury shuttles for thousands of tech workers in the silicon valley. >> reporter: organizers tell
not responded to hardworking americans who over the years have contributed taxes, maybe some of them are veterans, served in the united states military, willing to make the ultimate sacrifice. and now in their time of need we are dilly-dallying. unfortunately, we are doing so because our friends on the other side of the aisle cannot recognize that but for the grace of god there go i. these individuals are not standing in line to get unemployment insurance, they are standing in line to apply for jobs. because the people who are eligible for unemployment insurance are individuals who have worked most every day of their life, but unfortunately they have found in times of economic upswings and down swings, maybe because of their training, maybe because of being a recent veteran, that they are not able to get a job immediately. and this congress has delayed over and over again where our friends on the other side of the aisle and those republicans in the other body claim that they could not offer one vote to be able to pass unemployment insurance. these individuals need our commitment, ame
that can help you pull out of poverty, like cutting taxes? there is nothing particularly money ifut barring or the system which can trap people in poverty has [inaudible] friend who is a distinguished richmond himself talked perfect sense. the is nothing moral about running up huge deficits about out of control welfare bills. we do not do with these problems, the whole country will be poorer. we should listen to the former arch bishop of canterbury. he said the churches should be aware of the dangers of blindly defending a gargantuan welfare budget that every serious alliteration would cut as a matter of economic common sense. i think serious politicians have to engage in it and that should go for everybody. i join my honorable friend's and congratulate the team on their brilliant performance at the winter olympics. as immediate threat of flood passes, some levels are still underwater and hundreds of businesses and farms are still struggling to recover. the committee on climate change, the u.k. statistical authority have all said the government investment in flood defenses -- in the likes o
, it offered twitter a $22 million tax break to stay. >> we're in front of the so-called twitter building. >> reporter: the results in a recent media tour, he meets weekly with tech companies, and defends their interests. >> people stop blaming tech companies. they want to be part of the solution. >> reporter: housing protests have become a regular event in the mission. >> people are concerned that they themselves are an eviction away. >> reporter: representative campos said that the city needs to build more affordable housing, and fast. in december, the city built 60 affordable units and got 2800 applicants. he showed us a new development going up. >> this land will be given to the city by the school district so we can develop it into affordable housing, so that working and middle income families can stay in the neighborhood. >> reporter: how many more units like that one? >> i don't know, but i think many more, and that's the challenge. >> in san francisco, you can't raise the rents simply because there's a new occupant inside of the premises. >> reporter: the landlords are not the vil
taxes don't go to the city of philadelphia. >> sure, that's certainly part of the issue. i mean, one of the things that was fascinating to us when we did this analysis and compared philadelphia to other cities, a nap shot of 2010 we found that the size of the middle class in philadelphia was not that different than a lot of other cities. what was different was the size of the upper income group. in philadelphia was not 9% to 10%. in washington, boston, new york, it's 15%, 16%, 17%. that's a big difference. as you say in those cities some of those people, a lot of those people are actually living within the city limits, that's less true in philadelphia. >> are there obvious ones in places for philadelphia. >> the solutions may be obvious, but they're certainly not easy. you know, in our report we talked about three kinds of solutions. one is to cater specifically to the middle class, to people who are here now are middle class and the middle class people who might want to come. you do that through tax breaks and providing educational options. you do that with lifestyle amenities. th
-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com i tr ied depend last weekend. it really made the difference between a morning around the house and getting a little exercise. unlike the bargain brand, depend gives you new fit-flex®, our best protection. it's a smooth and comfortable fit with more lycra strands. get your free sample at depend.com. ameriprise asked people a simple question: can you keep your lifestyle in retirement? i don't want to think about the alternative. i don't even know how to answer that. i mean, no one knows how long their money is going to last. i try not to worry, but you worry. what happens when your paychecks stop? because everyone has retirement questions. ameriprise created the exclusive confident retirement approach. to get the real answers you need. start building your confident retirement t
such a complicated tax code, for instance, is because of these lobbying organizations. if you really wanted to get a fair tax code -- >> how do you offset the influence that unions have and left-wing organizations that soros have? >> why is it only big unions or big organizations that have a say in these things? >> no one is pooling their money together to -- >> i want to raise a question about, at some level, of the voracity of the index. at some level, there's shadow lobbying going on. and not even total lobbying numbers have come down. but you can clearly tell there's the official lobbying that we can all track, that they're tracking, but then all this stuff on the side. >> what if you hire a congressman and bring him under your wing. i thought the same thing too. it was interesting that two tobacco companies made the top of the list. >> you take this to its worst level of lobbying and how does that compare to ukraine with theically other countries, where it's pure out and out bribery. >> there's not a reason to not constantly try to be vigilant to make it a better system. >> there's no golf co
direction: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com if it doesn't work fast... you're on to the next thing. clinically proven neutrogena® rapid wrinkle repair. it targets fine lines and wrinkles with the fastest retinol formula available. you'll see younger looking skin in just one week. one week? this one's a keeper. rapid wrinkle repair. and for dark spots rapid tone repair. from neutrogena®. and for dark spots rapid tone repair. predibut, manufacturings a prettin the united states do. means advanced technology. we learned that technology allows us to be craft oriented. no one's losing their job. there's no beer robot that has suddenly chased them out. the technology is actually creating new jobs. siemens designed and built the right tools and resources to
of this year. >> the tax on individual mandate either by health insurance or by you pay the tax is frankly not fair. >> hard working americans are struggling under the president's health care bill. they don't need to see 1% of their salary taxed because they can't navigate a failing obamacare bureaucracy. >> whether it's the first vote or the 50th vote, this is the right thing to do. >> the irony or the weird boneheadedness of trying to repeal settled law for the 50th time was not lost on democrats. it was in its way a golden anniversary for republican in-trance gents. >> i want to wish my colleagues a happy 50th anniversary. >> but all these apity obamacare votes are no longer a calorie free chemically induced sugar high for the gop. prior to this year, voting to appeal was a freebie. a statement without real meaning but which nevertheless appeased wild eyed reactionaries on the right. now it comes with a cost. now it takes statement of intent, to annul millions of people's health care benefits. but do not expect that reality to produce a republican health care alternative anytime soon. f
of wealthy americans avoid taxes. acknowledged misconduct by some employees but insisted the management was unaware. among the tactics were passing bank statements in sports hiding cash in panty hose. you are watching bbc world news america. still to come, there is a crisis in the air in china. smog levels have reached dangerous levels and citizens be demanding something condition. jordan's parliament voted unanimously to expel the israeli ambassador and recall its own israeli ay after lawmakers debated a holy site. is holy to jews and must must hrupls. >> it is calm now but tensions past few days he in this sensitive site. clashes between palestinian protesters and israeli police. is the third holiest site noble m and it is the sanctuary. they believe mohammed ascended rock there.om a it is where two termps were.h many want the right to pray here freely. first time thehe israeli parliament held a debate about extending israeli control here. for the islamic watch the trust that is in custody that was a serious provocation. any interference with the mosque or change in status, any to tak
. what they said was the reason we got nowhere was the republicans would not raise taxes. that was not what the meeting was about. a meeting was about are you really willing to address the issues of medicare. today we have people over their lifetime, $120,000 as a couple in medicare taking out 359,000 out of medicare which is relevant. it does not work. people pay them for one-third of the cost. so i would say that, i would not engage in those conversations that power them because i do not think that they were ever earned i think it was optics. it was disappointing. if anything, when i left there, it broke down. immediately thereafter we then had this eerie in crisis. just a few weeks later the president asked us to, first of all, it appeared to me that we unilaterally were going to embark on activities. the president then asked for us to write an authorization for use of force which we did, and i was glad to do. one of the highlights of my time was working with menendez and others to craft something to pass on a vote out of the senate. then we went down the path. so i wo
to temporarily take command of all national forces, the interior ministry, the armed forces, the navy, tax and border control, all commanders should take orders from me only. those who disagree, please resign. >> reporter: that scares crimea's minority population many of their san antonio cesc tourses were deported by stalin. >> it's the in i wa first time e lived under such conditions they ever taken over military bases and civil institutions that's why crimean society is filled with fear, people are afraid of everything. >> reporter: 400 miles north in the second steer, car can khary drapped pro government supporters from the city hall. much of the population opposed the take over the government in kiev. and in kiev. former opposition leader now presidential candidate vitale klischko appealed for calm. >> translator: i edge everybody no provocations, no calls for accept tim. no violence, no anarchy, legal and democratic authorities are formed in ukraine now, all that love their country have to show their patriotism and unity. >> reporter: at a military airport a possible worrying sign o
of the version designed for the marine corps. those are just some of the problems in a program now costing tax payers $92 billion over its lifetime, 70% more than originally projected. and not a single jet is ready to go into combat. one day the pentagon says it will buy more than 2400 f-35s to serve the entire military, but in next year's budget it is only going to purchase 34 of them for testing and basic missions. why so few? constructionally mandated budget cuts. every program has to be trimmed to save money. >> the reality of reduced resources and a challenging and changing strategic environment requires us to prioritize and make difficult choices. some of those choices we must make now. >> reporter: despite the many problems and the cost overruns the military has no plans to scrap the f-35. it argues current fighter jets are obsolete, and china and russia are developing fighters that can outfly the jet. rosiland jordan, al jazeera, washington. >>> coming up on al jazeera america, it has been almost a year now since pope francis has become pontiff. >>> welcome back to al jazeera america.
taxes? >> we are talking about a whole new approach here. where we can actually bring the entire workforce out of the shadows, create good wages, good jobs, good training, bring the whole industry out of the shadows, and actually create more opportunity, while we create more support. >> and i know that those pimas well, the elderly deserve all that support and respect. thanks for joining us. >> thanks for having me. >>> our week long series aging america continues next time on this program. >> we simply understand each other. i think all of us are a little afraid of being pandered to, of being dumbed down, i hate people who come and take my elbow and try to help me across the street because i have white harry. i want to say, sonny, cut that out. >> your elders and betters, spending quality time with the senior citizens of a growing movement. seniors helping seniors for the long haul. and calling all caregivers, "america tonight's" digital team wants to you share your stories, visit us online at aljazerra.com/americatonight or tweet with the #agingamerica. and ahead in our final t
, which is probably too much even for jim grant. so i think you always have to think, what are the tax arrangements, what are the future taxes? what does that look like? what is the monetary arrangement? what does that look like? once i know what that apology is, i can go, jim cramer and others can go and say here's what the prices are. >> that's interesting. >> i know it's been talk around wall street that this is artificial pricing and stuff. it's inhaernt becauerent. >> as free as the market ever gets, still takes into account some -- >> you can have crappy policies and you can have good policies. that's certainly true and fair to argue. you're never going to get away from the idea that the policies are affecting the prices. >> more from fed president, st. louis fed president jim bullard still to come. >>> let's take a check on energy prices. oil prices have been climbing over the past month and nat gas has been on a tear this winter. joining us now is lord john brown, former ceo of. bp. welcome to the broadcast, "seven elements that changed the world" is the name of the book. we th
house republicans will unveil plans for a tax plan already declared dead on arrival. the kentucky republican said he sees no hopes for major tax overhaul this year. he blames democrats, who he says wants to recognize $1 trillion in revenue. he said changes in the tax code should make the company more competitive, not raise more money for the government. >> looking at the weather front, the west could be seeing rain today. >> definitely changes on the way. that is not the case unfortunately here across the upper midwest where the cold air is locked in place, so our cold weather woes continue with a wind chill warning in place across the u.p. of michigan where it could get 40 below zero in the overnight hours. today, we have high pressure that continues to build in, drawing down that arctic air mass into the southern plains and spreading to the east. here in texas, temperatures at much as 20 degrees colder than this time yesterday, so in addition to the rain and thunderstorm activity, we're seeing along the gulf coast further inland, we are seeing patchy, in land rain for slick road
to evade tax. according to a u.s. senate panel credit suisse bankers traveled to the united states on tourist visa and solicited clients in high society new york parties as well as florida golf outings. one client said he received his bank statements inside a "sports illustrated" magazine. now, the report claims that the bank b opened swiss accounts for more than 22,000 u.s. customers with assets toelting some $12 billion. a lot more on gmt coming up. out of all the large european companies france is yet to show itself pulling itself out of the meyer. one sign would be a fall in the initial number of job seekers. hollande says he should be kujed on his success of getting french people back to work. the figures have gone from bad to worse. no one is holding their breath in paris. well over 3 million french people are actively looking for work. private firms are finding it hard to pay their labor bills and rise above those latest tax increases. more throughout the rest of the day on this story as well as this one. the european jet maker airbus reported a very goodyear. a rise of 22%
what he describes is an armed occupation at the airport. >>> luxottica is hit with tax issues in the fourth quarter. >>> there is speculation the central bank will widen the country's trading ban. >>> and janet yellen says she needs a firmer handle on the data before she can blame the weather for recent weakness. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> warm welcome to the show. plenty of moving towards surrounding ukraine. >> absolutely. we just heard in the last few minutes the ukrainian prime minister separating out the political noise we're hearing for the economy. he said they're taking clear steps to provide the ukraine with international financial aid are being taken right now. they accept the ukraine is independent. they hope to boost reserves and stabilize the situation there. they talk about the imf here, too. they expect record credit instruments from the imf to increase saying to them that they will provide funding in the next couple of days if they can agree with it. and a key priority, of course, is
well, maybe some of those explanations of what was going on was a lot of tax related selling in the first month of the year. turned out actually to be true. go ahead. >> here we have a very broad rally, at least today. >> i think there are elements of the tax selling that are true. another element is a lot of people came in very, very short in january, short the stock market, short the bond market, because remember, the prevailing paradigm, the fed tapering program is going to continue. a lot of people believe that the tapering program, that the fed's aggressive action was one of the reasons the stock market held up so well, one of the reasons bond yields were so low and everything was going to change. it didn't really happen and it hasn't happened. i think short covering accounts for a lot of the action we've seen recently. remember, too, we are really almost sideways. we went into new highs at the end of december and are a little above that. so far this year, the stock market is largely sideways. i'm not putting down the rally we've had but we're not blowing up here on the
control... the gap between rich and poor... job creation... climate change... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and you'll get... the inside story ray suarez hosts inside story weekdays at 5 eastern only on al jazeera america will hold a news conference tomorrow. he went on the run last weekend, and the has taken refuge in russia. meanwhile, the parliament has avoidedded a coalition government. two california legislature has passed an almost $700 million drought relief fund today. the plan includes penalties for divert c. penny water and is headed to the desk right now. the second system in building over a second weather system is building over the state right now. prompting fears of landslides have been issued near california. during a meeting with senior sta
and there is no way to start with. you just don't invade another country on phony pre tax. in order to assert your interest will be interviewing never asked and what about iraq. what about constant threats to use force coming from washington. even though secretary kerry has not received those question basically cross the minds of those who saw the interview since when does the united states government change and even the subscribe and friends and family the concepts of solvency and over winter. it's the best clean up the nets at the moment succeeded with the backing militants with a border crossings in the north and east of the country thinking to admit its media assets leading to remain tight jeans. we're all basically didn't do that when they attacked serbia because fundamentally strong mexican artist co stars in the unilateral declaration of independence the united states government. it pays lip service to soften the contents of real integrity. it kicks into this during this sunday and his secretary kerry was also asked about israel about pregnancy and apple's upcoming visit to mt the peace pro
even been awake on taxes the stereo cabinet process it says to me to have leadership that does make you stay away from interrupting a name that can be treatments leopold who has been grabbing headlines here on the fourth year old former mayor of the crew of the caracas district of chicago. minutes before his arrest last week addressed the crowd the streets of the capital an elaborate on that and to whom must go the air. i have read. if i had. yet the target. all those who knew. when you read it you dear say that many people don't care about being fooled and sore and we can confuse who ran for president you feel about them. does this figure heads of the opposition. actually i understand them because people are not surprised since two. sonic and the nuclear deal in line with its overt in our history and it's actually punished us for some young people must like canned for anything that we can hide in the country for the twenty five thousand designs that were amended last year the way under thirty years old. that people may have to wait in queue in lines for hours the house lights started t
parliament and they are already the only autonomous republic in ukraine. a lot of it is about money, taxes, revenues, they want that to stay here and that is what they are talking about now. we are not hearing words about succession for now. but certainly most of the people here are looking towards the east, are looking toward russia where they say they feel much more kin ship and think what happened in kiev they were not consulted really kind of marginalizes them and especially unhappy that kiev made a ukraine the ukraine the official language because people here speak russia. >> reporter: and jennifer class is there this morning and i want to go to phil who is joining us from moscow and phil after going into hiding former president victor yanukovich has suddenly emerged in russia and set to speak here if a couple hours, what has he been up to, do we know anything about his plans? >> well, thomas we know he expects to hold a press contrends and this will be his first appearance publically since he was ousted from kiev. we are being told it will happen in the town on don and not confirmed
coup deposed him in 2006. the opposition says it wants to get rid of what it calls the taxing regime. her supporters have promised not to allow that to happen. the problem now is that there is a potential for a violent showdown. >> aljazeera continues to demand the release of its staff held in egypt. they have enough spent 62 days in prison, accused of having links with a terrorist organization and spreading false news. aljazeera rejects the charges. another aljazeera journalist has been held since august. still to come, cuba's new billion dollar port, but could it take business away from its caribbean neighbors. >> behind lego's success. >> the man in the mask turns the heat on the new york knicks. joe will be here with a sports update. ♪ what is this place? where are we? this is where we bring together the fastest internet and the best in entertainment. we call it the x1 entertainment operating system. it looks like the future! we must have encountered a temporal vortex. further analytics are necessary. beam us up. ♪ that's my phone. hey. [ female announcer ] the x1 entertainme
to take control of the military, armed forces, navy, tax and military, all commanders take orders from me, those that disagree, pleas resign. >> that scarce the crimea tattar population, many expelled by stalin. >> it's the first time in modern history that crimea lived under such conditions. they have taken over military bases. the society is filled with fear, afraid of everyone is everything. >> 400 miles north, in cashing i've -- karkiv. in kiev former opposition leader now presidential candidate vitaly klitschko appealed for calm. >> translation: i urge everybody, no provocations, no calls for separatism, no violence or anarchy. legal and democratic societies are formed in ukraine. all have to show their patriotism and uni. >> signs of things to come. men in camouflage damaged ukrainian communications equipment. one mystery solved. the men in uniform that took over airports and other strategic locations are crimean riot police, intelligence forces, security personnel and some officers of russia's black sea fleet, according to the prime minister of crimea. there are some ethnic ukraini
regulating the growth and sale of taxed pot. >>> this morning, academy award winners are basking in glory. our reporter, katie marzullo, was on the red carpet and joins us from outside the theater in los angeles. quite a night? >> you will make me blush, but let me show you the morning after: this is the breakdown, not so glamorous but last night was dazzling. beautiful fashion. heartfelt speeches. ellen got tons of halfs. it was really fun. and dallas buyers club and 12 years a slave were the big winners. >> dallas buyers club jared leto took home the first for best supporting actor. >> this is for the 36 million people who have lost the battle to aids. >> best supporting actress went to 12 years a slave lupita nyong'o. >> it has been the joy of my life. >> "frozen" won best animation. >> and there was a concert with the four best original song nominations. ♪ let it go >> ellen returns and hand out pizza to the crowd. >> the competition for best actress was tough this year. >> the oscar goes to...cate blanchett. >> best actor went to matthew mcconaughey. >> whatever we look up to, what
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